While I agree that farklek and intervals are 'correctly' used, I'd say "T / Tempo / Threshold/ LT/Z1-5 etc" is far more misunderstood and has far more incongruent definitions.
Heck even the Norwegian model is mmol/"fractions" of LT.
Basically 99% of runners' speed training uses some form of higher intensity is called threshold, whether they're running for 2", 20", or 2'. However I can guarantee that none of them actually know what their true lactate threshold is.
To me as a somewhat trained runner, it's more simple to train at 5k, 10k, half, full pace. It's far more clear.
Then there's "float" which can be recovery pace for some, and can be MP for others. Fun times.